742.32
Reporting employee deductions.

(A)
The fiscal officer of each employer
shall transmit monthly to the secretary of the board of trustees of the Ohio
police and fire pension fund a report of employee deductions in such form as
the board requires. The report shall show all deductions for the fund made
pursuant to section
742.31 of the Revised Code and
shall be accompanied by payments covering the total of such deductions. The
report shall also include the name of each member for whom deductions were made
and the portion of the payment attributed to that member. Separate payments
shall be so transmitted for that portion of such deductions made from the
salaries of members of the police department and for that portion of such
deductions made from the salaries of members of the fire department. The report
and payment are due the last day of the month following the last
business day of the reporting period.

(B)
A
penalty determined under section
742.352 of the Revised Code shall
be assessed if any of the following occur:

(1)
The report is received by the board
after the due date or is not in the form required by the board.

(2)
Payments to cover the total amount
due from the salaries of all employees of the employer are received by the
board after the due date.

The penalty shall be
added to and collected on the next succeeding regular employer billing. If the
penalty is not paid within sixty days after it is added to the regular employer
billing, interest at a rate determined by the board may be charged on the total
amount due and the amount of the penalty from the date the amount is due to the
date of payment.

(C)
The secretary of the board, after
making a record of all such receipts and crediting each employee's individual
account with the amount deducted from the employee's salary, shall deposit the
receipts with the treasurer of state for use as provided by this chapter. Where
an employer fails to deduct contributions for any employee and transmit such
amounts to the fund, the board may make a determination of the employee's
liability for contributions and certify to the employer the amounts due for
collection in the same manner and subject to the same penalties as payments due
the employer's contributions funds.